Missouri State Releases August 2019 General Revenue Report

JEFFERSON CITY, MO (STL.News) – Missouri State Budget Director Dan Haug announced today that net general revenue collections for August 2019 increased 10.2 percent compared to those for August 2018, from $730.5 million last year to $805.3 million this year.

Net general revenue collections for 2020 fiscal year-to-date increased 9.4 percent compared to August 2018, from $1.27 billion last year to $1.39 billion this year.

MISSOURI STATE GROSS COLLECTIONS BY TAX TYPE

Individual income tax collections

Increased 4.1 percent for the year, from $931.7 million last year to $969.6 million this year.
Increased 5.1 percent for the month.

Sales and use tax collections

Increased 6.2 percent for the year, from $388.7 million last year to $412.9 million this year.
Increased 4.5 percent for the month.

Corporate income and corporate franchise tax collections

Increased 52.4 percent for the year, from $26.8 million last year to $40.8 million this year.
Increased 50.2 percent for the month.

All other collections

Increased 5.9 percent for the year, from $58.2 million last year to $61.6 million this year.
Increased 1.0 percent for the month.

Refunds

Decreased 30.5 percent for the year, from $131.3 million last year to $91.2 million this year.
Decreased 44.4 percent for the month.

The figures included in the monthly general revenue report represent a snapshot in time and can vary widely based on a multitude of factors.

STLNEWS

STL.News is owned and operated by STL.News, LLC. We publish States Top Leading News. Our news is timely, unbiased and content is obtained direct from the source to obtain reliable information. Additionally, we will publish YouTube news video from major media companies.

Share
Published by
STLNEWS

Recent Posts

Brian Leasor Sentenced For Child Exploitation Offense

Former Elizabethtown Police Officer, Brian Leasor Sentenced - For Second Time In Federal Court -…

10 hours ago

New York: Terrence Nealy Sentenced For Multiple Crimes

Second New York Man, Terrence Nealy Sentenced For Aggravated Identity Theft and Conspiracy to Commit…

10 hours ago

John Michael Raley Pleads Guilty to Child Pornography

Silver Spring Sex Offender, John Michael Raley Pleads Guilty to Possession of Child Pornography Violated…

10 hours ago

Austin Hsu Pleads Guilty to COVID-19 Relief Fraud Scheme

Austin Hsu Pleads Guilty to COVID-19 Relief Fraud Scheme (STL.News) A Washington man pleaded guilty…

10 hours ago

Charleston: Samantha Miller Sentenced For Multiple Crimmes

Charleston Woman, Samantha Miller Sentenced to Federal Prison for Bank Fraud and Possession of Stolen…

10 hours ago

Gulf Coast: Cameron Malik Pleads Guilty to Firearms Offense

Gulf Coast Man, Cameron Malik Dajon Payton Pleads Guilty to Firearms Offense Gulfport, MI (STL.News)…

10 hours ago